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economy but it could bolster the view that the economy is gaining traction and could affect policymakers decisions on whether or not to scale back their asset purchases. from the fed's 12 districts, early october to mid november, that includes the 16-day government shutdown. economic activity continued to expand at a modest to moderate pace. manufacturing activity continues to expand in most districts. reports on retail spending were deeper into the beige book, seven out of 12 strips reported modest growth. tourism is affected in some districts. on manufacturing, the report says it continues to expanded most districts with gains noted in motor vehicle and technology industries. many expressed optimism about near-term growth prospects. there is also an upbeat assessment of consumer spending. looking forward to the holiday season, retailers reported being hopeful and cautious. they were reported as moderate to strong. on the key question, what is going on in the labor market? the beige book reports hiring showed a modest increase. difficulty with qualified workers for high skilled --itions
economy but it could bolster the view that the economy is gaining traction and could affect policymakers decisions on whether or not to scale back their asset purchases. from the fed's 12 districts, early october to mid november, that includes the 16-day government shutdown. economic activity continued to expand at a modest to moderate pace. manufacturing activity continues to expand in most districts. reports on retail spending were deeper into the beige book, seven out of 12 strips reported...
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Dec 4, 2013
12/13
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the economy didn't always work for everyone. racial discrimination locked millions out of the of poverty -- or out of opportunity. women railroad too often confined to a handful of poorly paid professions. and it was only try pain staking struggles that they began to win the right to -- >> and as the president continues his address live in washington, d.c., we'll watch those remarks. we'll have a full wrap-up of all of the key points being made today. and wolf blitser always has a full wrap up on his program as well. >>> in the meantime, what a story. his wife as blujenned to death in the home right in front of his three-year-old son. and he was made the only suspect in the case. he was convicted and sentenced to a life in prison. here is the worst part. he did not do it. dna evidence exonerated him. and he and his attorney is going to join me live to talk about this, coming up next. so you can see like right here i can just... you know, check my policy here, add a car, ah speak to customer service, check on a claim...you know,
the economy didn't always work for everyone. racial discrimination locked millions out of the of poverty -- or out of opportunity. women railroad too often confined to a handful of poorly paid professions. and it was only try pain staking struggles that they began to win the right to -- >> and as the president continues his address live in washington, d.c., we'll watch those remarks. we'll have a full wrap-up of all of the key points being made today. and wolf blitser always has a full...
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Dec 2, 2013
12/13
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but when we talk about an open economy, a bottom-up economy, those are our principles. and the world they live in, open things is better than closed things. bottom-up is better than top- down. to connect in their world -- obamacare didn't fail because, hey, they just didn't happen to do this right. it failed because of the same reason that other stuff fail. it is old. it is top-down. it is factory. our principles are always fresh and new ideas if we just become about them in ways that say, hey, our principles are good for more than just saying no. we have a way to better organize society, solve problems, open school system, where parents get to actually choose the best school for their kids and you go get trapped in a failing school. an open health care system. an opened economy where you don't have political top-down decisions. those are the kind of things that will work better for you. >> i want you to join in with what we are talking about here and the positive message and the constructive way forward to but also, if you can talk about the energy revolution. so many
but when we talk about an open economy, a bottom-up economy, those are our principles. and the world they live in, open things is better than closed things. bottom-up is better than top- down. to connect in their world -- obamacare didn't fail because, hey, they just didn't happen to do this right. it failed because of the same reason that other stuff fail. it is old. it is top-down. it is factory. our principles are always fresh and new ideas if we just become about them in ways that say, hey,...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in energefficiency could help americans save $300 billion each year. take the energy quiz. energy lis here. mm. mm-hmm. [ enne revs ] ♪ [ male announcer ] oh what. get the mercedes-ben your wish list at the winter event going on now -- but hurry, the offers end december 31st. [ sant] ho, ho, ho! [ male announcer ] lease the 2014 glk350 f $419 a month at your local mercedes-benz dealer. be one so, you had with a? relax, at the way we are going, they might become a thing of the past. welcome, everyone, i am neil ca
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the...
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Dec 5, 2013
12/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> president obama will be joining me on the "hardball" college tour tomorrow. and if you have any questions for him, just go to the "hardball" page on msnbc.com. smi submit your proposed question on the comment section. and we'll be right back. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. >>> if you still don't like obama care, and i know you don't
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> president obama will be joining me on the "hardball" college tour tomorrow. and if you have any questions for him, just go to the...
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Dec 5, 2013
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. >>> more positive news about the economy has investors worried the federal reserve might scale back its stimulus effort soon. traders are also awaiting tomorrow's big employment report for november. taking a live look at the big board, the dow is down 67. the nasdaq down 5. and s&p down 7. >>> for the first time, twitter has named a woman to its board of directors. 66-year-old marjorie skardino will join the board immediately. she was the former ceo of pearson and former board member at nokia. twitter has been criticized for the lack of diversity on its board. >>> today, uc berkeley is expected to announce a new naming rights deal for the field at memorial stadium. under the 15-year, $18 million deal, the field will now be called kabam field. kabam is a video game producer for mobile devices. the money will be used to help pay off the $321 renovation and earthquake retrofitting of memorial stadium. >>> excellent attendance good classroom behavior are paying off for 200 oakland school kids. the howard elementary school kids are being treated to the zoo and met some as players. santa
. >>> more positive news about the economy has investors worried the federal reserve might scale back its stimulus effort soon. traders are also awaiting tomorrow's big employment report for november. taking a live look at the big board, the dow is down 67. the nasdaq down 5. and s&p down 7. >>> for the first time, twitter has named a woman to its board of directors. 66-year-old marjorie skardino will join the board immediately. she was the former ceo of pearson and former...
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Dec 2, 2013
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authorities fear the protests could damage the nation's economy, particularly its $6 billion a year tourism industry. >>> it was a day of mourning in scotland today, a day after a police helicopter crashed into a pub, killing at least eight people. our british partner itv reports from glasgow. >> across scotland, people paid their respects today. a minute silence was held before the scottish cup match with celtic. ♪ and a special service was held at glasgow cathedral, just a few hundred yards from the street of the cash. the police chaplain has been supporting bereaved officers and those who have worked long, difficult hours here. >> we have seen the courage of glasgow. we've seen the sadness. and then we'll see that drive and that passion and that life and that humor come back to the force. >> with all real hope of rescue now gone, a recovery operation is underway at the bar in glasgow. piece by careful piece, the wreckage of the police helicopter is being removed, but it's a delicate process. much of the building has collapsed and bodies still lie inside. bandaged and bruised, gary was
authorities fear the protests could damage the nation's economy, particularly its $6 billion a year tourism industry. >>> it was a day of mourning in scotland today, a day after a police helicopter crashed into a pub, killing at least eight people. our british partner itv reports from glasgow. >> across scotland, people paid their respects today. a minute silence was held before the scottish cup match with celtic. ♪ and a special service was held at glasgow cathedral, just a...
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Dec 5, 2013
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the nature of the economy looks like a republican economy, in so far as it is a very unequal one. >> the inequality causes low economic growth. you can't get job growth with these levels of poverty. you can't have the jobs that invest in health care, the tax breaks are given to the rich -- >> you have a lot less productive -- productive consumption, essentially, the money points back to the economy. >> you don't have demand because people don't have jobs or they're working at low wage work. so you don't have the demand that would spark business investment. >> and the president today i think was making this very practical case, which was interesting, he kept saying it is not ideological, this is actually the thing that is not working. i think that pragmatic argument has been a rising argument in the last few years. >> oh, no, there has been speculation on the right wing, the left wing, the data is out, it is correlated with sluggish growth. that some of the most equal societies in the world actually have the highest economic growth and the more emphasis on education. we taught the nat
the nature of the economy looks like a republican economy, in so far as it is a very unequal one. >> the inequality causes low economic growth. you can't get job growth with these levels of poverty. you can't have the jobs that invest in health care, the tax breaks are given to the rich -- >> you have a lot less productive -- productive consumption, essentially, the money points back to the economy. >> you don't have demand because people don't have jobs or they're working at...
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Dec 4, 2013
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the automation, the computer indication of our economy. the shift from manufacturing to the service sector. america still makes more than nearly every other economy in the world, but it's made by machines not people. >> globalization hammering the middle class? >> absolutely. it's just as much about automation as globalization. it's often left out of the story. we have not had any new amazing technologies, even though we have cellphones, it it's not as the space. nothing new for the working class. >> is there something new that the president should have said? >> i think a minimum wage increase is an important part of the solution. we think of people who are in it for the summertime or transitioning young people in the labor market, but increasingly we see people in this these jobs as adults in for the long haul. >> wait a minute-- >> that being said--please, go ahead. >> you're going to hear the arguments that you normally hear, it kills jobs, cripples the economy, and causes layoffs. >> we could reason this and have abstract discussions b
the automation, the computer indication of our economy. the shift from manufacturing to the service sector. america still makes more than nearly every other economy in the world, but it's made by machines not people. >> globalization hammering the middle class? >> absolutely. it's just as much about automation as globalization. it's often left out of the story. we have not had any new amazing technologies, even though we have cellphones, it it's not as the space. nothing new for the...
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Dec 6, 2013
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they've been stimulating the economy since 2008. and we're talking trillions of dollars. and people are wondering when are they going to start pulling back ton the stimulus? but a lot hangs on these job growth numbers. >> the 401(k) is in great shape right now. it's been a good year. >> yes, it has. >> just ahead, of course, the big story of the day, the man, the legend and myth. we're going to look back at nelson mandela's life and talk about his revolution. and maybe a couple of things that might really surprise you about a man you think you know a lot about. ♪ [ male announcer ] alka-seltzer plus presents the cold truth. [ sniffles, coughs ] shhhh! shhhh. [ coughs ] i have a cold with this annoying runny nose. [ sniffles ] i better take something. [ male announcer ] truth is, dayquil cold and flu doesn't treat all that. it doesn't? [ male announcer ] nope. [ sniffles ] alka-seltzer plus fights your worst cold symptoms plus has a fast acting antihistamine to relieve your runny nose. oh, what a relief it is! [ man ] shhhh! for fa
they've been stimulating the economy since 2008. and we're talking trillions of dollars. and people are wondering when are they going to start pulling back ton the stimulus? but a lot hangs on these job growth numbers. >> the 401(k) is in great shape right now. it's been a good year. >> yes, it has. >> just ahead, of course, the big story of the day, the man, the legend and myth. we're going to look back at nelson mandela's life and talk about his revolution. and maybe a...
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Dec 3, 2013
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you live in a european society or the post-soviet economy. nothing injunctions. >> pavlo, the generational sense, is there a sense in chicago, is there any distinction, is it really just about the economics and the future or does this harken back in a sense in your community to having that feeling that look, we let moscow control things for a generation, now we want to move to the west, we want to be thought of in a western democratized way? >> well, unfortunately controlled by russia and moscow in particular, has been more than a generation or two. our fates have intertwined for well over 400 years when there's bem domination by russia and certain attempts by the ukrainian nation to revolt against it. what we're seeing today is the most recent revolt against the policies of the kremlin. they are happening osh the streets of kiev, on the streets of chicago, on the streets of new york as well in solidarity for what's happening back in our home land. >> why is there not more attention paid in the united states to this particular conflict? >> as
you live in a european society or the post-soviet economy. nothing injunctions. >> pavlo, the generational sense, is there a sense in chicago, is there any distinction, is it really just about the economics and the future or does this harken back in a sense in your community to having that feeling that look, we let moscow control things for a generation, now we want to move to the west, we want to be thought of in a western democratized way? >> well, unfortunately controlled by...
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Dec 8, 2013
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obama's leadership is focus on what most people's priority is which is creating jobs and getting the economy to turn around and long-term issues and get a handle on the safety net programs like social security and medicare. that is the appropriate role for the government and i think most americans agree. which is why they reelected president obama. >> do you think richard's concern? he feels it is being put on him. is that a fair concern? >> i really don't. in this case, accusations like he unfortunately chose to do isn't constructive. i wish folks like him would step back, listen and engage in dialogue and understand the other side's point of view. when you here talk like his, it is evident he is watching fox news and gets the information mostly from right-wing conservative sources and isn't open to other points of view. and that is why i wrote the book. hopefully someone finds a way to see we have to try to work together and not dig in so hard and accept everything we hear from one side or another. >> putting on your political hat for a moment. the rollout of the health care website: has i
obama's leadership is focus on what most people's priority is which is creating jobs and getting the economy to turn around and long-term issues and get a handle on the safety net programs like social security and medicare. that is the appropriate role for the government and i think most americans agree. which is why they reelected president obama. >> do you think richard's concern? he feels it is being put on him. is that a fair concern? >> i really don't. in this case, accusations...
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Dec 10, 2013
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as the economy improves, they will be competing with other obstacles, hedging the improving economy based on their portfolio that they have now. >> cast your eyes into the future. we are being told that the volker rule will not be enforced for another year. the president announced it back in january of 2010 and banks have been responding since then, suspending their prop trading desks. in 2015 how different are things going to be from the way they 2009?n >> first and foremost, metrics will matter. that is the only way that regulators are going to be able to distinguish prop trading from market making to tying hedging to specific and identifiable risks. banks are already comfortable measuring risks on a daily basis , now they are really going to have to step up their measurements of inventory, because that matters in determining market making from prop trading and turnover of inventory as well. these metrics will determine how forcibly the enforcement will follow. hard to findo be baselines right now, there is still an element of prop trading in all banking activities, so finding a baselin
as the economy improves, they will be competing with other obstacles, hedging the improving economy based on their portfolio that they have now. >> cast your eyes into the future. we are being told that the volker rule will not be enforced for another year. the president announced it back in january of 2010 and banks have been responding since then, suspending their prop trading desks. in 2015 how different are things going to be from the way they 2009?n >> first and foremost,...
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Dec 2, 2013
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a recent study concluded raising the minimum wage to $10.10 an hour would boost the economy. we're talking about the effects it would have for everybody. it would increase the wages of 30 million workers, it would create 140,000 jobs in the next few years, and increase economic output by $32 billion. >> wow. wow. and we talked so much about trickle down, how about a little trickle up? people living paycheck to paycheck they spend that money. they buy goods and services. where then more people need to be employed. i would argue that not only is there no negative impact on the budget, a lot of the folks that are working full-time in fast food, in places like walmart, they are still even though they're working, not able to support themselves and their families. so taxpayers have to shell out the money for s.n.a.p., for welfare for folks to be able to get by even though they are working by and doing everything they can. so by having an artificially low minimum wage, we are essentially as taxpayers providing corporate subsidies. >> you know, jared, when you look at the republicans
a recent study concluded raising the minimum wage to $10.10 an hour would boost the economy. we're talking about the effects it would have for everybody. it would increase the wages of 30 million workers, it would create 140,000 jobs in the next few years, and increase economic output by $32 billion. >> wow. wow. and we talked so much about trickle down, how about a little trickle up? people living paycheck to paycheck they spend that money. they buy goods and services. where then more...
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. >> we have put tremendous pressure on the iranian economy and that's why they kaem to the table. >> you take the bot off of the neck. we'll speak with you again. thank you. >> and experts predict a big cyber monday today. if you can't get on line don't worry. >> latest effort to give you more time so you can shop for your kids. >> and i will need. it >> and walked into a dppt store. and stepped on the elevator and told the girl the dry goods floor. ♪ when i got off they come up to me. what can i do for you? time in to check in with gretchen carlsson. >> another key obama care dead line. vice-president biden is in a sia. are dems protecting him for 2016? we'll debate that? and will they say the pledge of allegeiance or not? the city that took heat from veterans who said high school students were too busy to recite it in the school. >> and guy getting cited for disorderly conduct for his story. >> and forget cyber monday. how about a full week of on line discounts. >> it is the latest effort. this after black friday sales dropped to the lowest point in years. here is the ceo of the
. >> we have put tremendous pressure on the iranian economy and that's why they kaem to the table. >> you take the bot off of the neck. we'll speak with you again. thank you. >> and experts predict a big cyber monday today. if you can't get on line don't worry. >> latest effort to give you more time so you can shop for your kids. >> and i will need. it >> and walked into a dppt store. and stepped on the elevator and told the girl the dry goods floor. ♪ when...
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Dec 7, 2013
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economies in the u.s. and u.k. improved. and those were, you know, big leaders. >> woodruff: but maybe it wasn't mont to last. >> maybe it wasn't meant to last but just one political historical note. the united states under ronald reagan's leadership was of no help. no help. ronald reagan had a blind spot. he saw the world through the narrow tunnel prism of anti-communism. and when the united states just outraged by apartheid and where the majority of the republican senate passed sanctions, ronald reagan vetoed them against the apartheid regime. and his veto was overridden in the senate and in the house, overwhelmingly, with, i mean people like john warner, dan quayle, the senator from indiana, john stennis, lock time democratic segregationist from mississippi. all voting to overturn. and it was really a time of moral obtuseness on the part of the leadership. >> mark's absolutely right about that. and it was a blind-- a black mark on the reagan administration. i was in south africa i used to ask people, how much do the sanct
economies in the u.s. and u.k. improved. and those were, you know, big leaders. >> woodruff: but maybe it wasn't mont to last. >> maybe it wasn't meant to last but just one political historical note. the united states under ronald reagan's leadership was of no help. no help. ronald reagan had a blind spot. he saw the world through the narrow tunnel prism of anti-communism. and when the united states just outraged by apartheid and where the majority of the republican senate passed...
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prime the pump of the economy. we need to bring an america back which is built on highways -- >> stop the theories. stop -- >> that's not theory, it's fact. >> yes, it is. so, you would guarantee everybody who wanted a job a job at a certain living wage? do you know what that wage would be? do you know? >> you could start at $12 an hour. >> all right, so you start at $12. >> rebuild america, bridges, roads, water system, sewer system. >> that would be paid for, you would have to raise taxes enormously. >> no, you would not. the problem is, we not only need a policy for jobs, we need monetary reform, because it used to be that the government had the ability to be able to create money to meet its needs. now we have to borrow money from banks. we have to repeal the federal reserve act of 1913, reclaim the power to be able to create money and handle the needs of the nation, whether it be economic, social -- >> all right, i don't have three hours for that. we're $17 trillion in debt. i assume for your vision to give eve
prime the pump of the economy. we need to bring an america back which is built on highways -- >> stop the theories. stop -- >> that's not theory, it's fact. >> yes, it is. so, you would guarantee everybody who wanted a job a job at a certain living wage? do you know what that wage would be? do you know? >> you could start at $12 an hour. >> all right, so you start at $12. >> rebuild america, bridges, roads, water system, sewer system. >> that would be...
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economy. we believe, like many that the economy could have slid into depression. jenna: do you think consumers come to you because of that? >> oh, my gosh. they're so proud of ford, not only did we invest in new cars and trucks they wanted value and did it our way and didn't take precious taxpayer money. jenna: you have a lot of respect in industry overall. i don't like to go into gossip. i have to ask you about reports. i love talking about cars and don't necessarily like talking about computers. some folks say you might be next ceo microsoft. is that true. >> i absolutely love serving ford. i have no change in my plans. jenna: maybe for now. tell us if you do. >> i look forward to see with you another new car. jenna: meantime i'm surprisessed jon is still on set. he is looking over to figure out how to get a test drive of the new ford mustang. thanks for bringing us that car. >> absolutely. jenna: jon, do you have something to ask? jon: cars are a lot sexier than computers. if i were him keep the job. >> the pony has been let out of the corral worldwide. jenna:
economy. we believe, like many that the economy could have slid into depression. jenna: do you think consumers come to you because of that? >> oh, my gosh. they're so proud of ford, not only did we invest in new cars and trucks they wanted value and did it our way and didn't take precious taxpayer money. jenna: you have a lot of respect in industry overall. i don't like to go into gossip. i have to ask you about reports. i love talking about cars and don't necessarily like talking about...
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many of them would help our economy and boost job creation. bills passed by this house yet to be acted on by the senate. like bills would do things increased the supply of american energy and build the keystone pipeline, rollback redtape and unnecessary regulations, provide more flexibility to working families, reform and improve job-training programs, protect americans from cyber attacks, help schools recruit and keep the best teachers. delay the individual mandate, allow the merkin people to keep their health care plans they like -- allow the american people to keep their health care plans they like. every single one of these bills has been blocked by washington democrats. the senate and the president continued to stand in the way of the people's priorities. now we are trying to come to an agreement on the budget and on the farm bill. amongst other issues that are in conference. chairman lucasnd have made serious, good faith efforts to senate democrats. when will they learn to say yes to common ground? when will they start listening to the a
many of them would help our economy and boost job creation. bills passed by this house yet to be acted on by the senate. like bills would do things increased the supply of american energy and build the keystone pipeline, rollback redtape and unnecessary regulations, provide more flexibility to working families, reform and improve job-training programs, protect americans from cyber attacks, help schools recruit and keep the best teachers. delay the individual mandate, allow the merkin people to...
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economy and your 401(k), a key checkup shows the economy growing at a quicker pace than expected. you'd that that would send stocks soaring but that's not necessarily the case. zain asher joining us from the new york stock exchange. start with the key economic report that came out today. how much growth are we talking about? >> reporter: third quarter gdp coming in at 3.6%. certainly a good headline number and the biggest growth we've seen since the first quarter of 2012. part of the reason for this is seeing a bigger boost in inventories, bigger buildup in inventorie inventories. you'll see consumer spending is weak. but if you remove inventories from the data, gdp third quarter actually would have come in at 1.9%. not necessarily that impressive. how far, the headline number's getting stronger. if you compare it to what we've seen this year, the first three months of the year, 1.1%, last quarter 2.5%, and also this number is certainly in line with stronger economic reports we've seen just this week from the car industry, and also housing and jobless claims as well. >> very encou
economy and your 401(k), a key checkup shows the economy growing at a quicker pace than expected. you'd that that would send stocks soaring but that's not necessarily the case. zain asher joining us from the new york stock exchange. start with the key economic report that came out today. how much growth are we talking about? >> reporter: third quarter gdp coming in at 3.6%. certainly a good headline number and the biggest growth we've seen since the first quarter of 2012. part of the...
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problems come up in any start up any launch of a project this big that has an impact on one sixth of our economy, whatever comes up we are going to just fix it. >> the healthcare program has critical tests to enroll hundreds of thousands of people by december 3rdrd. the deadline for folks to begin on january 1st. >> elizabeth prann live for us this morning. thank you. >>> that brings us to our look who is talking this morning. mayor rudy giuliani appearing on our show. the healthcare.gov fixes won't work because it was backwards. >> we have to start the whole thing over. one expert tells me they built it wrong in the first place from the top down rather than the bottom up. to go fix the bottom, and this is the reason why you have that one-third figure of people who are not going to get the healthcare they thought they were going to get even though they signed up. >> the former mayor also at its foundation obamacare is really about the redistribution of wealth. >> the fundamental distortion here, sean, is this was soemd as we are going to do this through the private insurance companies. in fact t
problems come up in any start up any launch of a project this big that has an impact on one sixth of our economy, whatever comes up we are going to just fix it. >> the healthcare program has critical tests to enroll hundreds of thousands of people by december 3rdrd. the deadline for folks to begin on january 1st. >> elizabeth prann live for us this morning. thank you. >>> that brings us to our look who is talking this morning. mayor rudy giuliani appearing on our show. the...
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you may think that's bad news for the economy. over the long run that's true but in first lo but low productivity growth is an omen. >> good to see you. six big global banks accused of colluding to create line libor, setting the interest rate from everything, student loans to credit cards. citibank will play another $95 million as part of the settlement. as debated for three years now the rule could be a harsh reality for wall street. they're expected to pass a stricter version of the letter to keep from making speculative trades. they can't use your fossed mountain or cheaper borrowed money for trading. i have a full plate today but as we get close for next tuesday i'm going to make sure that we explain the control rule to you. doctor, doctor, why won't you take my obama insurance. why many physicians fear obama will hurt their bottom line and they've decided not to participate. and then pay your damn parking tickets. we'll have that story when we return. >> this isn't a new channel, this is a watershed moment in media for americ
you may think that's bad news for the economy. over the long run that's true but in first lo but low productivity growth is an omen. >> good to see you. six big global banks accused of colluding to create line libor, setting the interest rate from everything, student loans to credit cards. citibank will play another $95 million as part of the settlement. as debated for three years now the rule could be a harsh reality for wall street. they're expected to pass a stricter version of the...
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Dec 9, 2013
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government shutdown and do keep the spending caps in place and don't raise taxes at a time when the economy is still weak and i think we can accomplish that over the next couple days. >> one issue still being debated extending long-term unemployment benefits. last week house mortgage leader nancy pelosi said any deal must include an extension but dick durbin said that is not the case. >> i don't think we've reached that point where we said this is it take it or leave it. what i hear from patty murray, i spoke to her the other night negotiations are making progress, moving in the right direction. >> congress has scheduled to begin its break this friday and not return until january the 7th. >>> well, a week after that deadly commuter train wreck in new york officials are upgrading signals. the new signals are expected to be up and running this morning. of course, four people were killed last sunday when a metro north train hit a stretch of track at nearly three times the speed limit. metro north now reducing the maximum speeds at 26 locations across the system. an attorney for the engineer op
government shutdown and do keep the spending caps in place and don't raise taxes at a time when the economy is still weak and i think we can accomplish that over the next couple days. >> one issue still being debated extending long-term unemployment benefits. last week house mortgage leader nancy pelosi said any deal must include an extension but dick durbin said that is not the case. >> i don't think we've reached that point where we said this is it take it or leave it. what i hear...
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the economy is not good. it may be better than it was a year ago, but it's not good. unemployment is very high. the ability -- there are three applicants for every job. making people more desperate to get jobs, even if it meant that someone was so desperate that he got a job he wouldn't otherwise would have gotten, if you're not increasing the number of jobs, that simply means you're throwing someone else out of work. >> right. congressman jerry nadler, who's been fighting these battles for a while now, thank you so much for joining me. appreciate it. >> thank you. >> joining me now, heda bruche with the washington center for equitable growth, housed at the center for american progress, a progressive think tank. heather, can we start basic here? what is unemployment insurance and why do we have it? >> thanks for asking, chris. that's a great question. unemployment insurance are benefits there when somebody loses their job through no fault of their own. it's benefits that are supposed to help them make ends meet while they search for a new job, and critically, these be
the economy is not good. it may be better than it was a year ago, but it's not good. unemployment is very high. the ability -- there are three applicants for every job. making people more desperate to get jobs, even if it meant that someone was so desperate that he got a job he wouldn't otherwise would have gotten, if you're not increasing the number of jobs, that simply means you're throwing someone else out of work. >> right. congressman jerry nadler, who's been fighting these battles...
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so it is actually helping re- envision what career tech ed should look like in this new economy, and frankly, there is a lot of really great career tech ed schools throughout the country. toledo has one that is a terrific school, that has been aligned with gm. aviation high school in new york city, aligned with the aviation industry. transit tech in new york city. so i think there is some steam and a headwind that could actually push perkins through the gate, but it has to be formulaic. meaning we have to have a formula for this, no more competitive grants. you cannot keep doing winners and losers in the nation when all communities really should have high-quality career tech ed. >> last question, mr. thomason. >> it seems to me, at least, that like politics, education is pretty local. and today's teachers you think are trained well enough to handle situations like zero- tolerance policies that are so bizarre that produce incredible incidents and publicity, kids being held up and suspended for childish things that are completely out of the norm, the lack of parental involvement in the
so it is actually helping re- envision what career tech ed should look like in this new economy, and frankly, there is a lot of really great career tech ed schools throughout the country. toledo has one that is a terrific school, that has been aligned with gm. aviation high school in new york city, aligned with the aviation industry. transit tech in new york city. so i think there is some steam and a headwind that could actually push perkins through the gate, but it has to be formulaic. meaning...
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Dec 2, 2013
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thank you and good night. >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> supported by the john d. and catherine t. macarthur foundation. committed to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh >> this is "bbc world news america." >> funding of this presentation is made possible by the freeman foundation, newman's own foundation, giving all profits to charity and pursuing the common good for over 30 years, and union bank. >> at union bank, our relationship managers work hard to know your business, offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and majo
thank you and good night. >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> supported by the john d. and catherine t. macarthur foundation. committed to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public...
SFGTV2: San Francisco Government Television
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Dec 2, 2013
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man: infrastructure is vital to the american economy. water, after all, is an essential ingredient in hundreds of thousands of everyday products. narrator: agriculture and industry use roughly 80% of the water consumed in the united states. water is the basis for manufacturing many goods and provides the ability to clean and sterilize everything from computer chips to the surgical instruments used in hospitals. kelly: the minute that there's not enough water for businesses, industry, and individuals, they have to go elsewhere. and when they go elsewhere, jobs go elsewhere. your entire economy begins to suffer with the lack of clean water. narrator: while the water infrastructure provides for our health, safety, and economy, a growing concern is that the value society derives from water has not traditionally been reflected in the price we pay for water. man: when you take a look at how much people pay for water, as a percentage of median household income, it's usually less than 1%. and when you compare that to how much we pay for electric
man: infrastructure is vital to the american economy. water, after all, is an essential ingredient in hundreds of thousands of everyday products. narrator: agriculture and industry use roughly 80% of the water consumed in the united states. water is the basis for manufacturing many goods and provides the ability to clean and sterilize everything from computer chips to the surgical instruments used in hospitals. kelly: the minute that there's not enough water for businesses, industry, and...
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wage increase and they spend that money and put it right back into the economy. those are the workers that eat at the establishments they work at. you might think of walmart wokkers buying more goods at walmart so this is a form of economic stimulus, but aside from the economic argument, chris, when half of all american workers make $27,000 or less that is unsustainable for our economy. it's unsustainable for creating a broad, middle class and it's a moral issue as well as an economic issue. >> kendall who is organizing this today was on my program a couple of days ago and he talked about the fact that it was a moral imperative and we heard about it yesterday who was facing a loss of pension, but he sees these issues in those same kind of moral terms and here's something else that kendall fell said to me earlier this week. >> the thing is they work for some of the richest corporations in the world. mcdonald's made about $5.5 billion in profit and that's after they pay all of the bills and pay all of the salaries and these workers, a lot of them are living in home
wage increase and they spend that money and put it right back into the economy. those are the workers that eat at the establishments they work at. you might think of walmart wokkers buying more goods at walmart so this is a form of economic stimulus, but aside from the economic argument, chris, when half of all american workers make $27,000 or less that is unsustainable for our economy. it's unsustainable for creating a broad, middle class and it's a moral issue as well as an economic issue....
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this all speaks to an economy where the unskilled worker is getting permanent displaced. there are jobs in health care, but other than that, when i see the strikes outside mcdonald's and the folks arguing for a higher minimum wage, those jobs in particular, are they even going to exist that much longer? that's the kind of thing you automate. >> great point. one more point here. there were some good numbers in there. but we're looking at in grand scale, but the one number i thought that was bad was the labor participation rate. it barely moved. >> it barely moved. and that just speaks to the number of people who have given up entirely. when they get the call on the phone and asked are you even looking for work? no, we've given up. it's about 63% right now. so you imagine, that means that almost 40% of people out there don't consider themselves part of the workforce. they're not working. they're not even trying. that's a sad state of america. >> thanks, melissa. see you at 5:00. >> she is money. she's extremely money. look at her. >> yeah. >> meanwhile, secretary of state j
this all speaks to an economy where the unskilled worker is getting permanent displaced. there are jobs in health care, but other than that, when i see the strikes outside mcdonald's and the folks arguing for a higher minimum wage, those jobs in particular, are they even going to exist that much longer? that's the kind of thing you automate. >> great point. one more point here. there were some good numbers in there. but we're looking at in grand scale, but the one number i thought that...
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Dec 4, 2013
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but this is really a recovering economy story. and pent up demand story. and you're hearing it from the automakers who are looking at the a good 2014, as well. their stocks reflecting it, too. >> absolutely. so the auto bailout was a good idea? we all remember back in 2008 when mitt romney said let detroit go bankrupt and there was a big partisan fight. so who is right? does the american public get money back? >> the american public has gotten all but about $10 billion back from gm. lost about $1.3 billion on chrysler. ford never took the bailout. be very clear. ford never took the bailout, it was in a better position at the beginning of the financial crisis. but the u.s. taxpayer lost money on those two bailouts of chrysler and gm. but let's be clear. they could have lost a lot more. so there is what they have lost, that is just gm, but a lot of people say, wow, that ended up being a pretty good investment. gm since 2010 has invested $8.8 billion of either own money into 34 facilities and saved or created 25,000 jobs they say. and you have basically the a
but this is really a recovering economy story. and pent up demand story. and you're hearing it from the automakers who are looking at the a good 2014, as well. their stocks reflecting it, too. >> absolutely. so the auto bailout was a good idea? we all remember back in 2008 when mitt romney said let detroit go bankrupt and there was a big partisan fight. so who is right? does the american public get money back? >> the american public has gotten all but about $10 billion back from gm....
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Dec 9, 2013
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many economists say the payment helped economy. and there's the farm bill, defense department policy bill. and even the tweak to medicare fees to keep patients from being dropped from the rolls of health care providers. a lot of stuff on the list not clear at all that you a lot of that is going to get done. >> joe, last we left off back in october was when the big committee of i think 29 conference committee members were going to try to get together. and it all looked like there was a big cool by yaw. and now as i'm hearing it and correct me if i'm wrong, they're going to take their own plan and bypass that whole committee to the congress. it's a cease fire, just do it. is that it? >> there's a question as to whether that strategy or any other strategy is actually going to be the thing they end up with. i think you have to say that opinions are mixed as to whether they're going to be able to get some type of a blanket deal or do something much smaller which is what happened before when we've gotten pushed up get the deadline. >> we
many economists say the payment helped economy. and there's the farm bill, defense department policy bill. and even the tweak to medicare fees to keep patients from being dropped from the rolls of health care providers. a lot of stuff on the list not clear at all that you a lot of that is going to get done. >> joe, last we left off back in october was when the big committee of i think 29 conference committee members were going to try to get together. and it all looked like there was a big...
SFGTV: San Francisco Government Television
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as you can see by the people woergz to put san franciscans to work re51st our economy and causing us to have a much letters impact on the assignment are this is 1345r9 environmently and a smart investment in san francisco and our ability to grow our workforce, grow a our skill set, and create a better former for all of us >> thanks scombren then awe. i want to bring up one of the homeownership's that's existed to start the program i want to velocity josephine >> good afternoon, everyone. thank you for being here i'm josephine i'm a member of the small property owns in san francisco and help with the tradition services to the growing chinese folks i'm a homeownership and have been there will 5 years. there or for any homeownership it's the costs that have to be weighed when you ugd. you want to make sure that your personal financial situation works and i don't have to carry a huge debt and burden. right now there are a lot of barriers that exist to make rerespectable energy up grads to our homes. there are up front costs that stop the upgrades and that's why when i and small property
as you can see by the people woergz to put san franciscans to work re51st our economy and causing us to have a much letters impact on the assignment are this is 1345r9 environmently and a smart investment in san francisco and our ability to grow our workforce, grow a our skill set, and create a better former for all of us >> thanks scombren then awe. i want to bring up one of the homeownership's that's existed to start the program i want to velocity josephine >> good afternoon,...
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but the economy is growing. however almost all of the money that's being made is going to the very rich. since 2009 the income of the top 1% grew by 31%. money is being made, but only for about a million and a half people here. yet for everyone else, 99% of the population, their salaries have barely moved in four years, less than 1%. the richest are taking home the most since the 1920s. why? some suggest years of tax cuts for the wealthy, the growth of the finance and technology companies, led to wall street fat cats and techies. computers and robots have taken a lot of the jobs since the 1970s. the minimum wage is $7.25 an hour. president obama has suggested to bump it up to about $10 an hour. one study suggests the minimum wage should be really closer to $22 an hour. overall improvements in the economy are not being felt by most people which concerns the president who worries the american dream of working to a better life may be turning to just that: a dream. >> jonlt, thank you. the struggling economy has som
but the economy is growing. however almost all of the money that's being made is going to the very rich. since 2009 the income of the top 1% grew by 31%. money is being made, but only for about a million and a half people here. yet for everyone else, 99% of the population, their salaries have barely moved in four years, less than 1%. the richest are taking home the most since the 1920s. why? some suggest years of tax cuts for the wealthy, the growth of the finance and technology companies, led...
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else is expected from this congress so with so many important issues on the table ranging from the economy to immigration perhaps the real question here is should lawmakers be searching for aliens or focusing on the issues right here on planet earth. and we want to update you on the breaking news that we've been following former south african president nelson mandela just passed away a short time ago he was ninety five years old mandela has been viewed as a hero to people all around the world and was the biggest leader against apartheid his health has been failing consistently over the past few months due to a recurring lung infection he was last in the hospital in september but was discharged and allowed to return home he was a nobel peace prize la tourette and one of south africa's most beloved presidents of all time so our hearts go out to his family that's going to for now for more on the stories we covered go to youtube dot com slash r.t.m. america check our website for the latest on the nelson mandela story and follow me on twitter at meghan underscore lopez see a backyard eight. dra
else is expected from this congress so with so many important issues on the table ranging from the economy to immigration perhaps the real question here is should lawmakers be searching for aliens or focusing on the issues right here on planet earth. and we want to update you on the breaking news that we've been following former south african president nelson mandela just passed away a short time ago he was ninety five years old mandela has been viewed as a hero to people all around the world...
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great view of what is going on, of the economy. are people spending on these kinds of entertainment? >> they are. and our business is better than ever. will be the best year in the history of our entertainment. what we do, you cannot replicate. is live talent, hard-hitting. we come once a year, sometimes twice a year with each of the individual event. we try to have christmas five to seven times a year in every city around the world. >> what are the logistics like of trying to put on one of these shows and moving hundreds of performers simultaneously? >> ringling brothers barnum & bailey has the longest railroad train in america. each train is one mile long. people live there. all of the equipment goes there. and that is the way we travel. all of these other shows, they go typically in truck and trailers. monster jam is huge. we are playing all of these stadiums and we have over 25,000 truckloads of dirt stationed all over the world to do this. them rightooking at now, the monster jam. it's phenomenal. what about teaming up with na
great view of what is going on, of the economy. are people spending on these kinds of entertainment? >> they are. and our business is better than ever. will be the best year in the history of our entertainment. what we do, you cannot replicate. is live talent, hard-hitting. we come once a year, sometimes twice a year with each of the individual event. we try to have christmas five to seven times a year in every city around the world. >> what are the logistics like of trying to put...
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economy. pope francis was very clear. said red crescent? [laughter] he cares about the message of christ's. we have to heed the words of poverty spread first of all, i would like to issue to the opel for issues of god island rather listen to ephen on issues of the economy. [laughter] capitalism has allowed it billion people to do triple for space it, over the past seven years the pope shed cozied up to us >> i see it you could work as a child of the cold wind. in arkansas with people working two years with their kids is 60,000 but that is on a lot in california just with cost-of-living does not always work is great to raise minimum-wage there is too many variables that point to a clear path but ideally you do not want that of all wages and the recession you want to increase unemployment and you want those of benefits to drive wages down and the value could save that with unemployment benefits but they could never do that to adjust the problem with having a supply of that now is you want people
economy. pope francis was very clear. said red crescent? [laughter] he cares about the message of christ's. we have to heed the words of poverty spread first of all, i would like to issue to the opel for issues of god island rather listen to ephen on issues of the economy. [laughter] capitalism has allowed it billion people to do triple for space it, over the past seven years the pope shed cozied up to us >> i see it you could work as a child of the cold wind. in arkansas with people...
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the economy didn't always work for everyone. racial discrimination locked millions out of poverty -- or out of opportunity. women were too often confined to a handful of often poorly paid and it was only through painstaking struggle that more women, and minorities, and americans with disabilities began to win the right to more fairly and fully participate in the economy. nevertheless, during the post- world war ii years, the economic ground felt stable and secure for most americans, and the future looked brighter than the past. and for some, that meant following in your old man's footsteps at the local plant, and you knew that a blue-collar job would let you buy a home, and a car, maybe a vacation once in a while, health care, a reliable pension. for others, it meant going to college -- in some cases, maybe the first in your family to go to college. and it meant graduating without taking on loads of debt, and being able to count on advancement through a vibrant job market. now, it's true that those at the top, even in those year
the economy didn't always work for everyone. racial discrimination locked millions out of poverty -- or out of opportunity. women were too often confined to a handful of often poorly paid and it was only through painstaking struggle that more women, and minorities, and americans with disabilities began to win the right to more fairly and fully participate in the economy. nevertheless, during the post- world war ii years, the economic ground felt stable and secure for most americans, and the...
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Dec 3, 2013
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>> president's het care law continues to wreak havoc on american families small businesses and our economy. it's not just a broken website. this bill is fundamentally flawed. >> and back to the "washington post" report, it did reveal another headache, errors have affected roughly one third of the people who signed up for health plans since october 1st. those errors include failure to notify insurers about new customers, dup my cat enrollments on misinformation. jay carney addressed that report a few minutes ago. >> our general contractor has stood up a team of experts working already closely with issuers to make sure that every a 34 form past and present is accurate. we believe that and our confident that they will be able to ensure that accuracy in time for the january 1st beginning of coverage. >> peter alexander joins me. peter, it is a new day, new tone and we will hear from the president shortly. in a sense, maybe not the icing on the cake but certainly a show of confidence in the last 24 hours. >> reporter: it is a show of some public confidence right now. it's certainly a new tone,
>> president's het care law continues to wreak havoc on american families small businesses and our economy. it's not just a broken website. this bill is fundamentally flawed. >> and back to the "washington post" report, it did reveal another headache, errors have affected roughly one third of the people who signed up for health plans since october 1st. those errors include failure to notify insurers about new customers, dup my cat enrollments on misinformation. jay carney...
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salaries have to be based on the economy and what the economy in the area can bear. >> the national restaurant association says walk-outs like those planned for today are stunts staged by union-paid protesters and most industry employees are happy. >> we have plenty of opportunities for people to come in part time few hours and prove themselves and move up the ladder. >> reporter: but workers believe the fight for higher wages is the best opportunity for a better life. she plans to join the strike today and is not giving up on her $15 goal. >> when you sfit for something and you believe in it you're going to get it. >> reporter: nancy said she was paid to protest earlier this year but said organizers provided her that money to make up for a lost day of work. charlie, norah, gayle. >> terrell brown, thank you. >>> the white house sure goes all out for the holidays. first lady michelle obama unveiled the annual christmas decorations on wednesday and welcomed the children of military families for the party. the first family's newest edition, their dog sonny stole the spotlight. major garrett is a
salaries have to be based on the economy and what the economy in the area can bear. >> the national restaurant association says walk-outs like those planned for today are stunts staged by union-paid protesters and most industry employees are happy. >> we have plenty of opportunities for people to come in part time few hours and prove themselves and move up the ladder. >> reporter: but workers believe the fight for higher wages is the best opportunity for a better life. she...
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[laughter] it's a sixth of the national economy, so it's pretty huge. the irs is tasked with collecting the fines for people who don't get insurance on the the exchanges if they don't have coverage now. never mind the fact that it is involved in all the agencies and the revenues of the entire government, so the obamacare problems with the launch and its management all are a reflection of whether the irs can handle its own duties, never mind everybody else's. and what republicans did today was essentially objected to the nomination going forward while the senate is in session. it was meant to say, look, we've got congressional investigations that are not getting the full cooperation, and we're not going to have a commissioner until we get to the bottom of what actually happened and hold people accountable. jenna: carl, thank you. >> reporter: you bet. jon: let's get back to the shakeup at the white house. former chief of staff to bill clinton, john podesta, is joining the administration as a counselor, we're told. it's widely seen as a respected washingt
[laughter] it's a sixth of the national economy, so it's pretty huge. the irs is tasked with collecting the fines for people who don't get insurance on the the exchanges if they don't have coverage now. never mind the fact that it is involved in all the agencies and the revenues of the entire government, so the obamacare problems with the launch and its management all are a reflection of whether the irs can handle its own duties, never mind everybody else's. and what republicans did today was...
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>> janet yellen is looking at a economy that's recovered a little bit. there's no sign of inflation. on the other hand what they're doing right now is extraordinary. i don't think they really felt comfortable doing these extraordinary things the and they'd like to stop doing them as soon as they can. >> we know in washington the two sides of the aisle have not had many things that they have had in common. it looks like we could get some sort of a small budget deal. if you have murray on one side and paul ryan, the congressman. if the two of them can come up with something, even if it's a small deal, what would that do to economic growth in the first half of next year? >> certainty is never good for the economy. uncertainty driven by policy. it's certainly not good for the economy. i feel quite good that murray and ryan are on this. two serious legislatures. they want to come to a deal. it's not going to be a grand bargain. we're not going to see the fundamental restructuring that we need to see. that can will be kicked down the road as it has been. even
>> janet yellen is looking at a economy that's recovered a little bit. there's no sign of inflation. on the other hand what they're doing right now is extraordinary. i don't think they really felt comfortable doing these extraordinary things the and they'd like to stop doing them as soon as they can. >> we know in washington the two sides of the aisle have not had many things that they have had in common. it looks like we could get some sort of a small budget deal. if you have...
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economy. those are the jobs we need to raise wages for. >> jack brings up an important point, seven out of ten growth occupyings through 2020 are low-wage jobs. this the american job market. the president has supported this, we have a lot of democrats who have come out and supported thchl i think it is much harder, actually, for conservatives to dismiss the minimum wage in the way they dismiss other parts of the social safety net. this is not an entitlement program. there's economic stimulus. i think this puts conservatives in a tough position. >> it does put republicans in a tough position. majority of republicans think this is a good idea. the president talked beauty this yesterday. he's been talking about this for as long as he's been in public life. how is it we get more hone into the hands of working americans so we can grow the economy with people actually going out and working every day and building the economy with their hands and their brains. the next challenge for the democrats, how
economy. those are the jobs we need to raise wages for. >> jack brings up an important point, seven out of ten growth occupyings through 2020 are low-wage jobs. this the american job market. the president has supported this, we have a lot of democrats who have come out and supported thchl i think it is much harder, actually, for conservatives to dismiss the minimum wage in the way they dismiss other parts of the social safety net. this is not an entitlement program. there's economic...
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Dec 5, 2013
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cry out because this economy is a mess. i have been a hard worker, a jack of all trades willing to learn anything and still i have not been able to gainfully get jobs. next our conversation up will focus on the five-year farm bill and negotiations for that. a big part of the farm bill is the food stamp row graham. we will talk with randy neugebauer, a republican from texas. later, we will discuss the pending budget deal between the house and senate. we will be right back. >> friday on c-span, washington journal looks at the mission and role of the national institutes of health, starting live at 7:30 eastern. :30.:00, followed at 8 at 9:00, national cancer institute director. at nine: 30, a look at the national institute of mental health among all with your calls and comments, live on c-span. >> from age eight, betty ford knew she wanted to do something with dance. plays and skits and to bennington, vermont, where she studied at the school of dance. these are some of her notecards from her spiral mode books where she kept no
cry out because this economy is a mess. i have been a hard worker, a jack of all trades willing to learn anything and still i have not been able to gainfully get jobs. next our conversation up will focus on the five-year farm bill and negotiations for that. a big part of the farm bill is the food stamp row graham. we will talk with randy neugebauer, a republican from texas. later, we will discuss the pending budget deal between the house and senate. we will be right back. >> friday on...
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Dec 9, 2013
12/13
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if kweupbsz -- republicans insisted on short-term cuts that laid off teachers, firefighters, the economy would be growing even faster than it is today. mr. president, the presiding officer knows, we all know that we need an infrastructure program. for every $1 billion we spend as a government on infrastructure, roads, bridges, dams, highways, water systems, sewer systems, we create almost 50 thousand high-paying jobs. despite last week's good economic news, congress can and must do even more to create jobs for millions of americans who are still looking for work. unemployment compensation. mr. president, we need these extended benefits. there's 1.5 million people in america who have been out of work for more than 26 weeks. we must replace meat-ax cuts. this happened with the sequestration, a smart savings. reducing the deficit by closing wasteful tax loopholes and making job-creating investments to spur economic growth. as we close out this year, i hope republicans and democrats can put aside our differences and work together to produce results for the middle class. mr. president, the pr
if kweupbsz -- republicans insisted on short-term cuts that laid off teachers, firefighters, the economy would be growing even faster than it is today. mr. president, the presiding officer knows, we all know that we need an infrastructure program. for every $1 billion we spend as a government on infrastructure, roads, bridges, dams, highways, water systems, sewer systems, we create almost 50 thousand high-paying jobs. despite last week's good economic news, congress can and must do even more to...
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Dec 7, 2013
12/13
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on the other side as well, came out and said that is what happens, standard and poor's says the cost economy is $1 million, they just make those numbers up. is not true. wait a minute, standard and poor's is a different agency, they are moving out, that lenders out there and that does have an effect and you take the ordinary citizen and they're trying to decide what is in the best interest of their family or with you want to go in their country and having a hard time making decisions because we have a woman who works in montana, a wonderful friend who does a great job, three times week she comes across a bridge in the river quite wide eyed, you won't believe what i read on the internet. i always say the same thing. i am not going to believe what you read on the internet. >> we talked before hand, we fought to give you a sense of a very personal nature, what comes through in these letters is arthur was not only a preeminent historian, he would have two martinis and go back and write 5,000 words. what comes through with their he is having a dustup with nathaniel buckley or somebody else is the
on the other side as well, came out and said that is what happens, standard and poor's says the cost economy is $1 million, they just make those numbers up. is not true. wait a minute, standard and poor's is a different agency, they are moving out, that lenders out there and that does have an effect and you take the ordinary citizen and they're trying to decide what is in the best interest of their family or with you want to go in their country and having a hard time making decisions because we...